A Backdoor Play on the Herbalife Story
Pretty much everyone has heard both sides of the Herbalife (HLF) story by now. Massive short selling preceded one of the most orchestrated and documented attacks on corporate legitimacy in market history.
Herbalife shares had been stellar performers until last March when they peaked at $73. The stock collapsed to $24.24 recently before rebounding to close at $39.16 on Thursday. A Cayman Island headquarters and about 80% non-U.S. sales certainly make the reported figures suspect....276 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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